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do we want to think big? yes, we all want to think big about how we can reduce the deficit and never have ourselves placed in a situation like this again. this is about past debts. it is not about making room for future spending. we did not begin to that level of conversation. -- we did not get into that level of conversation. >> do you think it is that likely? >> i am glad to hear that he said that. i certainly hope so. thank you. >> next, we will hear from a number of senate republicans on the debt ceiling and spending cuts. the utah senator starts off the briefing. this is 20 minutes. x we are here to announce that -- >> we are here to announce that we are introducing a piece of legislation. this is a proposal that would rates -- raised the debt limit by $2.40 trillion. it would make the increase conditioned upon the occurrence of three events. some significant immediate spending cuts. it would take us back to a topline it number, the same number that was found in legislation recently. it would contain sta
do we want to think big? yes, we all want to think big about how we can reduce the deficit and never have ourselves placed in a situation like this again. this is about past debts. it is not about making room for future spending. we did not begin to that level of conversation. -- we did not get into that level of conversation. >> do you think it is that likely? >> i am glad to hear that he said that. i certainly hope so. thank you. >> next, we will hear from a number of senate...
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Jul 8, 2011
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how else can we explain a budget that ends medicare while preserving tax subsidies for big oil, tax subsidies for corporate jets and continues wasteful defense programs, in fact, actually increases the defense budget when we know we have more defense than we can afford in this country? why is wasteful spending prioritized over health care for our seniors, the education of our children and investments under this bill that keep our air and water supply clean and healthy reducing health care costs in the long run? now, again, when we talk about these appropriations bills, it's not a debate over whether we should cut the deficit. i think republicans and democrats agree that we need to cut the deficit. the debate about how we restore fiscal discipline that has been abandoned over the last decade. let's have that debate here in the u.s. house and i'm glad that this rule allows us to d it under this bill and i hope we'll make some major changes to this bill. unfortunately, the energy and water bill presented before the house under this rule exemplifies a reckless and ideological approach to the budg
how else can we explain a budget that ends medicare while preserving tax subsidies for big oil, tax subsidies for corporate jets and continues wasteful defense programs, in fact, actually increases the defense budget when we know we have more defense than we can afford in this country? why is wasteful spending prioritized over health care for our seniors, the education of our children and investments under this bill that keep our air and water supply clean and healthy reducing health care costs...
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Jul 8, 2011
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they don't even touch any of the tax breaks for big oil, for big gas, for big coal. tax loopholes that help keep companies offshoring jobs, those were too important to cut as well. the republican plan is about misplaced priorities, and we see it in full display here once again today in this bill on the house floor. when it comes to nuclear power, the republicans want to spend more taxpayer money after fukushima. when it comes to coal, republicans want to spend more taxpayer money. this bill even keeps alive the deep-water drilling program ensuring that millions in tax breaks continue to be wasted on developing oil-drilling technologies that rich oil companies already have and can afford to pay for themselves by tipping american consumers upside down at the pump every time they go to refill their gas tanks. they don't need taxpayer money to do this. the last in line should be oil companies. they're first in line. they're first in line under the republican agenda. now, when it comes to clean energy, though, when it comes to the future, what young people think should be
they don't even touch any of the tax breaks for big oil, for big gas, for big coal. tax loopholes that help keep companies offshoring jobs, those were too important to cut as well. the republican plan is about misplaced priorities, and we see it in full display here once again today in this bill on the house floor. when it comes to nuclear power, the republicans want to spend more taxpayer money after fukushima. when it comes to coal, republicans want to spend more taxpayer money. this bill...
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why big money always have to throw the burden on the backs of the poor. and i know people who will end up out on the streets if they go through with any major cuts in these programs. there is a lot of waste in these programs that could be taken care of. the hierarchies and government -- in government, that just will not let go. it seems like a couple of years ago there was a debate that drag on for months -- that was about health care. now we have another debate is dragging on for months, and now it is the deficit. it is like we are all being deceived. i don't go for conspiracy theories, but it is like our attention has been dragged away from something else that is really going on. host: arthur from corpus christi, texas. next is jackie who is a democrat from indianapolis. caller: good morning para you know -- good morning. you know, i have been watching politics ever since obama was an office and it appears to me, it does not matter what he does, he can't do anything right. as it relates to all of this talk about social security and being labeled as an e
why big money always have to throw the burden on the backs of the poor. and i know people who will end up out on the streets if they go through with any major cuts in these programs. there is a lot of waste in these programs that could be taken care of. the hierarchies and government -- in government, that just will not let go. it seems like a couple of years ago there was a debate that drag on for months -- that was about health care. now we have another debate is dragging on for months, and...